There appears to be no stopping the rise in Telkom’s share price. The counter added nearly 5% on Thursday, to close near the R40 mark. It’s now flirting with levels last seen in 2010, after it offloaded its 50% stake in Vodacom to Vodafone and to shareholders. The share closed at R39,70, up by 4,1%, after having touched
Telkom has warned that fraudsters are targeting its customers using a deposit refund scam. Criminals deposit a stolen or counterfeit cheque into customers’ accounts, and then on a false Telkom letterhead inform them that the company has erroneously deposited the cheque as reimbursement for overpayment on their telephone account
Capitec has displaced First National Bank at the top of a list that ranks how satisfied consumers are with their bank’s online facilities. The third annual “Internet Banking SITEisfaction” survey, conducted by online marketing research agency Columinate, has found that satisfaction among FNB clients has fallen
The Film and Publication Board (FPB) has issued updated tariffs for content providers, in the process introducing a new “licensing fee for online distribution”. It’s a move that is raising concern among Internet service providers. Gazette 37531, effective from 7 April, introduced the new fee category without it being subjected
President Jacob Zuma has assented to amendments to two key laws that affect South Africa’s information and communications technology industry, approving changes that could have long-lasting effects on competition in the sector and the way in which
MultiChoice has criticised communications regulator Icasa over its decision to ask the Competition Commission to probe a “possible restrictive horizontal practice” between it and the SABC over the supply by the public broadcaster of a 24-hour news channel
Communications regulator Icasa has asked the Competition Commission to probe what it’s calling a “possible restrictive horizontal practice” between the SABC and MultiChoice over the supply by the public broadcaster to the pay-television operator of a 24-hour news channel. TechCentral revealed last year that the agreement contains an obligation
Telkom intends slashing its costs by R1bn/year for the next five years in an effort to unlock shareholder value and turn around its financial performance, its CEO, Sipho Maseko, was quoted in a newspaper report on Wednesday as saying. This would include job cuts, Maseko was quoted as saying. He added that he would
A year after restaurant reviewing service Zomato entered the South African market, it has rolled out a revamped look across its Web and mobile platforms. The new website, which has a more social element to it, gives users personalised recommendations from trusted contacts. Zomato founder and CEO Deepinder Goyal
Consumers are struggling to pay monthly expenses and long-running strikes are undermining the foundations of the economy, BankservAfrica’s Economic Transaction Index has found. “With strikes, floods, and power constraints being the order of the day it
